Cobalt has advised capital300 and Chalfen Ventures on a EUR 5 million series A investment into Riga-based startup Lokalise.
Founded in 2017, Lokalise is a Latvian startup that focuses on translation and localization of apps, websites, games and more. According to Cobalt, "this is one of the largest ever first-time investments for a Latvian-founded startup."
Cobalt's team included Partner Indriķis Liepa, Senior Associate Diana Zepa, and Associates Agnese Gerharde and Ivo Maskalans.
Cobalt did not reply to our inquiry about the deal.